** charts before earnings **
** charts after earnings **
2 weeks later: sitting at the same level
Lennox Int'l beats by $0.07, beats on revs; reaffirms FY17 EPS guidance, revs guidance :
- Reports Q4 (Dec) earnings of $1.50 per share, $0.07 better than the Capital IQ Consensus of $1.43; revenues rose 7.6% year/year to $897.3 mln vs the $883.01 mln Capital IQ Consensus.
- Co reaffirms guidance for FY17, sees EPS of $7.55-8.15 vs. $7.85 Capital IQ Consensus Estimate; sees FY17 revs of revenue +3-7% to ~$3.75-3.9 bln vs. $3.79 bln Capital IQ Consensus Estimate.
- "Looking ahead at 2017 overall, Lennox International is well-positioned for another year of strong growth and profitability. The company reiterates its guidance for revenue growth of 3-7% and EPS from continuing operations of $7.55-$8.15. With a strong balance sheet and cash generation, the company will continue to invest in the business to drive growth and profitability, as well as repurchase company stock, with $250 million planned for 2017."
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